Go Back Research Article January, 2025

RISK MANAGEMENT FRAMEWORKS IN MULTINATIONAL CORPORATIONS AND THEIR EFFECTIVENESS IN MITIGATING FINANCIAL AND OPERATIONAL RISKS

Author Michael G

Abstract

This paper explores the role and effectiveness of risk management frameworks in multinational corporations (MNCs) in mitigating financial and operational risks. A detailed analysis is presented, incorporating insights from prior research and empirical data to examine the evolving landscape of risk management. Emphasis is placed on key frameworks like COSO, ISO 31000, and Basel III, exploring their strengths and limitations. Additionally, visual tools including charts, graphs, and tables are utilized to enhance understanding.

Keywords

risk management multinational corporations financial risks operational risks coso iso 31000 basel iii.
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Volume 2
Issue 1
Pages 1-6
ISSN 1622-1477